Hello All,
I have 2 queries:
1. I was working in an organization from 2008 to 2010. I want to know if the PF contribution rate of the employer at that time was 13.61% or if it was 12% only.
2. I left that organization in 2010, and after 3 years, they are releasing my PF. I want to know, as they held my PF for these 3 years, at what rate I should receive the interest for my PF account. My monthly PF deduction amount was 420, so annually it becomes 5040. If I consider a 12% contribution from the employer, then the annual PF amount becomes 10080. Therefore, for 2 years, it becomes 20160. When I am about to receive that money after 3 years, what should be the interest amount added to this sum during these 3 years?
Please suggest any other details that may be required.
Kolkata
Please let me know if any other details are needed.
I have 2 queries:
1. I was working in an organization from 2008 to 2010. I want to know if the PF contribution rate of the employer at that time was 13.61% or if it was 12% only.
2. I left that organization in 2010, and after 3 years, they are releasing my PF. I want to know, as they held my PF for these 3 years, at what rate I should receive the interest for my PF account. My monthly PF deduction amount was 420, so annually it becomes 5040. If I consider a 12% contribution from the employer, then the annual PF amount becomes 10080. Therefore, for 2 years, it becomes 20160. When I am about to receive that money after 3 years, what should be the interest amount added to this sum during these 3 years?
Please suggest any other details that may be required.
Kolkata
Please let me know if any other details are needed.